| Property TypeRetail | Built in1920 |
| Building Area3028 square feet |
|
Prime investment or owner-occupier opportunity in downtown Kemptville: a newly renovated 3,028 sq ft mixed-use commercial building. All permits were ov The ground floor features two commercial spaces totaling 1560 sq ft—a boutique clothing store and an aesthetic salon/office—providing steady rental income. The upstairs 912 sq ft unit is a fully furnished 2-bedroom, 2-bathroom Airbnb with modern amenities, ideal as a residence or long-term rental. The Airbnb can be professionally managed or managed by the owner. This turnkey investment offers a gross operating income of $84,000 and operates at a 5% cap rate, ensuring strong financial performance. Zoned C1-Downtown Commercial, the property allows for diverse uses and future development potential, complemented by a rear parking lot. Live upstairs while collecting rent from commercial tenants below, or rent out both spaces. Just 30 minutes from Ottawa, this property features the best of a maximized mixed-use investment. (id:16400) Please visit : Multimedia link for more photos and information |
| OwnershipFreehold | Parking Spaces10 |
| TransactionFor sale | Zoning DescriptionC1-Downtown Commerci |
| Constructed Date1920 | Size Interior3028 sqft |
| Size Frontage33 ft | Size Depth163 ft ,2 in |
| Size Irregular32.99 ft X 163.2 ft (Irregular Lot) |
Listing Office: ROYAL LEPAGE TEAM REALTY
Data Provided by Ottawa Real Estate Board
Last Modified :19/06/2024 10:11:47 AM
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